The Reserve Bank of New Zealand OCR (Official Cash Rate) announcement,
Monetary Policy Statement,
Governor Wheeler's press conference,
and then Governor Wheeler's appearance in parliament are all on Thursday (local NZ time)
OCR announcement is due at 2000GMT (That's is WEDNESDAY 8 February at 2000GMT, which is Thursday local time in NZ)
- Monetary policy Statement is also due at 20000GMT Wednesday
Wheeler's press conference follows an hour later
- 2100GMT Wednesday
Wheeler appears before committee in parliament at 0010GMT Thursday 9 February 2017
What to expect (from Goldman Sachs preview),
(in brief):
- RBNZ to leave OCR unchanged
- To boost inflation and GDP forecasts
- GS say strong house price growth along with downside risks to the economy decreasing that the Reserve Bank of New Zealand will become more hawkish as 2017 progresses
- Tightening cycle to start near the end of this year, initial hike of 25bp in November
